Op-ed: As Canadian housing crisis rages on, is ‘financialization’ really to blame?
Addressing Canada’s housing crisis requires all-hands-on-deck. Step 1: stop chasing away the capital we’ll need to build 5.8 million new homes.
Read my op-ed published in Toronto Star and learn more.
So, what if I told you there was a group of housing providers that manage 120,000 tenure-stable, purpose-built rental homes where more than half are affordable? And that they invested $40,000 per home in improvements over the last decade, all while meeting commitments to ESG standards? You’d have a model rental housing provider, right? Well, that’s us, my industry — Canada’s public apartment REITs.
More from Mark Kenney:
Op-ed: BC Landord – Canada’s Housing Crisis
https://www.capreit.ca/op-ed-canadas-housing-crisis/
Op-ed: As Canadian housing crisis rages on, is ‘financialization’ really to blame?
https://www.capreit.ca/op-ed-as-canadian-housing-crisis-rages-on-is-financialization-really-to-blame/
BNN Bloomberg Interview with Mark Kenney – The Housing Crisis in Canada
https://www.capreit.ca/bnn-bloomberg-interview-with-mark-kenney-the-housing-crisis-in-canada/
Canada’s next great economic boom can be unleashed by the power of housing, immigration, and labour
https://www.capreit.ca/canadas-next-economic-boom-can-be-unleashed-by-housing-immigration-labour/
BNN Bloomberg Interview with Mark Kenney – Incredible problems with lack of supply
https://www.capreit.ca/bnn-bloomberg-interview-with-mark-kenney-incredible-problems-with-lack-of-supply/
Celebrating 25 Years
https://www.capreit.ca/celebrating-25-years/
News
The Pendrell 1770 wins the CoStar Impact Award for Sale/Acquisition of the Year
Q&A with CAPREIT’s Julian Schonfeldt on the firm’s portfolio evolution
CAPREIT announces $194 million in new acquisition and disposition activity
CAPREIT Announces $104 Million Disposition in Montréal
CAPREIT announces $313 million of capital deployment in November